Target needs to take several key actions to reverse its financial fortunes, says one retail expert.
Kroger maintained full-year guidance early Thursday after beating earnings estimates for its fiscal first quarter. Kroger stock fell further below a key level. Shares of rival grocery kingpin Walmart set a fresh record.
Better pricing, effective inventory management and operational initiatives are likely to drive Retail - Discount Stores companies. Costco (COST), Target (TGT), Dollar General (DG) and Burlington Stores (BURL) look well-placed.